Guotai Junan Securities Zhang Yidong: Volatility is truly a "battery"

Recently, after the market continued to rise, it entered a stage of volatility. How to interpret this fluctuation in the market? And how should we view the continuity of this round of market trends? Recently, Zhang Yidong, the Chief Global Strategist of Industrial Securities and Joint Dean of the Institute of Economics and Finance, said in an interview that this round of market trends is not simply driven by funds, but by a systematic restoration of confidence, reflecting the gradual formation of China's economic and policy positive feedback mechanism. This will be a long-term market trend, and volatility is the real "battery" of the trend. Zhang Yidong likened it to a "white rabbit-style market" - jumping and resting, but always moving forward. For investors, it is far more important to see the big picture, maintain composure, and choose good assets, rather than chasing short-term trends.